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Ecuador shrimp farms to benefit from $300m plan to boost electricity network

Ecuadorian shrimp farms along the country's coast are expected to benefit from $300m in government and regional development bank funding for the sector's electrification

By María Feijóo | March 23, 2021 14:25 GMT
From left to right, Ivan Ontaneda, minister of production; Miguel Uscocovich, the president of a shrimp trade association in the Manabi province; and Milton Rosado, the country's under-secretary for aquaculture.
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Ecuador's government and two regional investment banks have signed a deal with the national electricity corporation CNEL to invest $300 million to improve electricity supplies for the shrimp sector.  [...]

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